PROFESSIONAL PHOTOS AND VIDEOS COMING SOON. Stunning pool home situated on a spacious half-lot in a highly sought-after area. This recently updated residence offers 2 bedrooms, 2 bathrooms, and a 2-car garage. The home features a double door entry with a charming paver pathway and an extended driveway, welcoming you into a bright, open floor plan. Step inside to discover soaring cathedral ceilings and a spacious living room/dining room combo, perfect for entertaining guests or enjoying family gatherings. The living room boasts a cozy wood burning fireplace with a decorative mantel and a new chimney top, adding warmth and elegance to the space. The chef-inspired kitchen is the heart of the home. It boasts quartz countertops, new soft-close cabinets with pull out drawers and under-cabinet lighting, a stylish tile backsplash, extended bar seating, and recessed lighting. Prepare meals with ease using the farmhouse sink equipped with a water filtration system and stainless-steel appliances. Additional features include wood-look tile flooring, a spacious pantry, and an expansive view of the beautiful pool area. The split bedroom layout ensures privacy for all. The master suite is a true retreat, with sliding doors opening to the pool area, a walk-in closet, and a luxurious master bathroom with dual vanities, a beautifully tiled shower with frameless glass doors, and a newer super flush toilet. The second bedroom is generous in size and includes a walk-in closet, while the second bathroom features updated tile floors and a premium bidet. There is a dedicated laundry room with a utility sink and shelving. Step outside to enjoy exceptional outdoor living. Cool off on hot summer days in the newly resurfaced diamond brite pool or relax in the extended lanai with epoxy floors and pavers. The backyard is fully fenced with both vinyl and chain-link fencing, a gated entrance, and a large frame shed on a slab features new doors and electricity—perfect for storage or hobbies. Recent upgrades include a new privacy screen and a newer pool pump and filter, ensuring low maintenance and maximum enjoyment. Recent Updates and Upgrades include new roof installed in 2019, AC system with new ductwork and UV lights (2018), five new windows added in 2023, including a hurricane-rated dining room window, water heater replaced in 2019, gutters with leaf guards and French drains, epoxy garage floors and lanai with updated soffit ceiling, solar air vent for the roof, newer drain field with filter, freshly painted interior and exterior. This exceptional pool home seamlessly blends modern updates with classic charm, offering comfortable indoor and outdoor living spaces. Nature Coast enthusiasts enjoy all our area has to offer. Veterans Memorial Park, and Anderson Snow Park, popular for their sports complex and play area are less than 5 miles away. Crews Lake Park, known for its beautiful camping sites and picturesque scenery, is just 20 minutes south of us. For golf enthusiasts, a short drive will take you to the Hernando Oaks Golf Club. Also, a short drive to the famous Weeki Wachee live mermaids, our local beaches, Pine Island Park and Roger’s Park for fun on the water are within 30 minutes. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Lots of shopping and local favorite dining options.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
